Report on State Home Building Activity Now Available Through UA’s Center for Real Estate Web Site

TUSCALOOSA, Ala. – The August 2008 New Construction Report, which includes building permits and housing starts, is now posted and available at The University of Alabama’s Center for Real Estate Web site. The address for the site is http://acre.cba.ua.edu/construction_statistics.php

UA’s Alabama Center for Real Estate, or ACRE, teams with the Home Builders Association of Alabama to collect, analyze, store and disseminate the new monthly report on the state’s home building industry.

Since 1999, ACRE has partnered with the Alabama Association of REALTORS and continues to produce monthly reports that provide useful information associated with existing home sales and housing affordability, said Grayson Glaze, executive director of ACRE.

“The new construction report allows the center to provide even greater coverage for our real estate stakeholders and consumers in every corner of the state,” Glaze said.

The report will be released monthly to coincide as closely as possible with the release of national residential building permit data, Glaze said.

“We will continue to develop content to keep the report fresh and meaningful and will include statewide economic data and demographic trends that impact the home building industry.”